Sentara Medical Group
- Assets
- $91.8m
- Revenue
- $348.0m
- Investments
- $0.0
- Employees
- 1,937
- Location
- Virginia Beach, VA
- Founding
- 11/1983
- Data as of
- 12/2021
- EIN
- 54-1217184
Organization Overview
Sentara Medical Group is located in Virginia Beach, VA. The organization was established in 1983. As of 12/2023, Sentara Medical Group employed 1,937 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sentara Medical Group is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Sentara Medical Group generated $348.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $368.7m during the year ending 12/2021. While expenses have increased by 4.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AS PART OF SENTARA HEALTH'S INTEGRATED HEALTH CARE SYSTEM, WE IMPROVE HEALTH EVERY DAY.
Describe the Organization's Program Activity:
SENTARA MEDICAL GROUP (SMG) IS A 547 PROVIDER AND 410 ADVANCED PRACTICE CLINICIAN MULTI SPECIALTY MEDICAL GROUP. IN 2022, SMG PHYSICIANS CARED FOR 2,052,179 PATIENT VISITS. THE COST OF UNCOMPENSATED PATIENT CARE PROVIDED TO THE COMMUNITY BY SENTARA MEDICAL GROUP IN 2022 WAS OVER $21 MILLION. ALL SERVICES ARE PROVIDED TO THE COMMUNITY REGARDLESS OF RACE, CREED, SEX, NATIONAL ORIGIN, HANDICAP, AGE OR ABILITY TO PAY.SEE SCHEDULE O FOR A DESCRIPTION OF PROGRAMS AND ACCOMPLISHMENTS OF THE SENTARA HEALTH SYSTEM FOR 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard P Kern Director (through 9/22) | Trustee | 1 | $0 |
Michael V Gentry Director | Trustee | 1 | $0 |
Dennis A Matheis Director | Trustee | 1 | $0 |
Jordan R Asher MD Director, Ex-Officio With Vote | Trustee | 1 | $0 |
Arthur D James Director/president | OfficerTrustee | 40 | $1,172,005 |
Wylie H Zhu MD Director | Trustee | 40 | $1,399,118 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Comphealth Assoc Inc Physician Recruiting Consultants | 12/30/22 | $3,162,258 |
All Star Recruiting Locums Healthcare Staffing Solutions | 12/30/22 | $3,375,128 |
Quest Healthcare Solutions Llc Total Healthcare Staffing Solutions | 12/30/22 | $2,561,650 |
Locumtenenscom Llc Healthcare Staffing Solutions | 12/30/22 | $2,255,391 |
Weatherby Locums Inc Healthcare Staffing Solutions | 12/30/22 | $2,067,891 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,536,272 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $873,723 |
| Net Gain/Loss on Asset Sales | -$10,770 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $348,030,080 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $11,925,286 |
| Compensation to disqualified persons | $674,165 |
| Other salaries and wages | $300,917,853 |
| Pension plan accruals and contributions | $23,674,758 |
| Other employee benefits | $14,818,448 |
| Payroll taxes | $13,714,504 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,497 |
| Fees for services: Accounting | $34 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,637,115 |
| Advertising and promotion | $180,875 |
| Office expenses | $1,909,195 |
| Information technology | $437,868 |
| Royalties | $0 |
| Occupancy | $9,123,969 |
| Travel | $1,207,724 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $55,306 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,199,826 |
| Insurance | $5,843,453 |
| All other expenses | $0 |
| Total functional expenses | $368,712,101 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,468 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,271,651 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,977,510 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $52,151,968 |
| Other assets | $11,909,961 |
| Total assets | $91,783,431 |
| Accounts payable and accrued expenses | $31,190,656 |
| Grants payable | $0 |
| Deferred revenue | $198,961 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $66,059,043 |
| Total liabilities | $97,448,660 |
| Net assets without donor restrictions | -$6,768,472 |
| Net assets with donor restrictions | $1,103,243 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | -$5,665,229 |
Grants Awarded
Over the last fiscal year, Sentara Medical Group has awarded $1,947,858 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SENTARA HEALTHCARE PURPOSE: CORPORATE ALLOCATION TO PARENT | $1,940,358 |
JDRF HAMPTON ROADS CHAPTER PURPOSE: CURE AND PREVENT TYPE I DIABETES | $7,500 |